4000 W Lincoln Highway, Merrillville, IN 46410 (MLS# 809957)

4000 W Lincoln Highway, Merrillville, IN 46410

$1,150,000

35' Lighted Monument Sign with LED Messaging.

Property Type: Commercial Sale Square Footage: 8,668 Lot Size (sq. ft.): 89,385 Status: Closed

Current Price: $1,150,000 List Date: 9/12/2024 Last Modified: 12/21/2024

Overview

Description

A Prime Commercial location just 3.4 miles West of I-65 on U.S. Hwy 30 in Merrillville, IN with a Traffic Count of ~42,000 vehicles per day. This 8,668 SF structure on 2.05 AC with C-2 Community Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention (See the zoning list in documents). Enough land for additional development. A combination of fourteen private offices and three open plan, work group areas provide great versatility. Architecturally attractive inside and out with a combination of direct and indirect lighting, tray ceilings real wood trim and designer finishes. Parking for 40 vehicles and a ~36' tall lighted monument sign with LED message board.

Listing Details MLS# 809957

General Property Information

Number Of Units Total: Yes
Living Area: 8668
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1971
Parking Total: 40
Lot Size Acres: 2.052
Lot Size Square Feet: 89385
Lot Size Source: Assessor
Lot Size Dimensions: 200'x446.6'
Waterfront YN: No
Basement YN: No
Stories: Yes

Property Features

Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Hallway(s); Common Area Building Features: Acoustical Ceiling(s); Exterior Lighting; High Speed Internet; Lunch Room; Meeting Room; Private Restrooms; Sheet Rock Ceiling(s) Construction Materials: Brick Cooling: Central Air Current Use: Commercial; Office; Retail Electric: 200+ Amp Service; 3 Phase; 440 Volts Exterior Features: Lighting; Private Entrance; Private Yard Fencing: Partial; Vinyl Flooring: Carpet; Ceramic Tile; Varies Foundation Details: Concrete Perimeter; Slab Heating: Central; Natural Gas Interior Features: Eat-in Kitchen; Entrance Foyer; High Ceilings; Natural Woodwork; Open Floorplan; Recessed Lighting; Tray Ceiling(s) Listing Terms: Cash; Conventional Lot Features: Back Yard; City Lot; Gentle Sloping; Irregular Lot; Many Trees; Open Lot; Paved Owner Pays: All Utilities; Common Area Maintenance Parking Features: Asphalt; Common; Driveway; Lighted; Off Street; Parking Lot; Paved; Shared Driveway; Unassigned Possession: Negotiable; Subject To Tenant Rights Possible Use: Commercial; Development; Investment; Medical/Dental; Office; Retail Rail Availability: None Road Frontage Type: Highway Roof: Membrane Security Features: Closed Circuit Camera(s); Security System; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected; Underground Utilities Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Restricted Hours

Contract Information

Auction YN: No
Original List Price: 1300000
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Owner Name: Lake Mortgage Co Inc
Occupant Type: Tenant

Location Tax and Legal

Street Number: 4000
Street Direction Prefix: W
Street Name: Lincoln
Street Suffix: Highway
County: Lake
State: IN
Postal Code: 46410
Subdivision Name: Lincolnway Plaza

Remarks and Miscellaneous

Public Remarks: A Prime Commercial location just 3.4 miles West of I-65 on U.S. Hwy 30 in Merrillville, IN with a Traffic Count of ~42,000 vehicles per day. This 8,668 SF structure on 2.05 AC with C-2 Community Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention (See the zoning list in documents). Enough land for additional development. A combination of fourteen private offices and three open plan, work group areas provide great versatility. Architecturally attractive inside and out with a combination of direct and indirect lighting, tray ceilings real wood trim and designer finishes. Parking for 40 vehicles and a ~36' tall lighted monument sign with LED message board.
Exclusions: Personal Property is available under terms excluded from the Real Estate.

Status Change Information

Major Change Timestamp: 2024-12-21T18:23:09Z
Major Change Type: Status Change
Status Change Timestamp: 2024-12-21
Offer Acceptance Date: 2024-10-25
Close Date: 2024-12-20
Close Price: 1150000
Concessions: No
Buyer Financing: Cash

More Information

Building Features

Building Dimensions: 121'x71'
Number of Offices: 14
Acoustical Ceiling(s): Yes
Exterior Lighting: Yes
High Speed Internet: Yes
Lunch Room: Yes
Meeting Room: Yes
Private Restrooms: Yes
Sheet Rock Ceiling(s): Yes

Exemption Information

Exemption YN: No

Frontage Type

Frontage Length: 200'

Public Survey Details

Public Survey Township: Ross

Location, Tax, and Legal

Postal Code +4: 4371
Tax Annual Amount: 15541
Tax Year: 2023
Tax Legal Description: LINCOLNWAY PLAZA PT. LOT 1 PARCEL 200X446.6 FT.
Parcel Number: 45-12-19-176-007.000-030
Additional Parcels YN: No
Zoning Description: Commercial
Township: Ross
Directions: U.S. 30 to Whitcomb located West of Speedway station on North side of Highway.
Cross Street: Whitcomb
Census Tract: 425.01

Accessibility Features

Accessible Common Area: Yes
Accessible Doors: Yes
Accessible Entrance: Yes
Accessible Hallway(s): Yes
Common Area: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes
3 Phase: Yes
440 Volts: Yes

Exterior Features

Lighting: Yes
Private Entrance: Yes
Private Yard: Yes

Fencing

Partial: Yes
Vinyl: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Varies: Yes

Foundation Details

Concrete Perimeter: Yes
Slab: Yes

Heating

Central: Yes
Natural Gas: Yes

Interior Features

Eat-in Kitchen: Yes
Entrance Foyer: Yes
High Ceilings: Yes
Natural Woodwork: Yes
Open Floorplan: Yes
Recessed Lighting: Yes
Tray Ceiling(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Back Yard: Yes
City Lot: Yes
Gentle Sloping: Yes
Irregular Lot: Yes
Many Trees: Yes
Open Lot: Yes
Paved: Yes

Parking Features

Asphalt: Yes
Common: Yes
Driveway: Yes
Lighted: Yes
Off Street: Yes
Parking Lot: Yes
Paved: Yes
Shared Driveway: Yes
Unassigned: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Road Frontage Type

Highway: Yes

Roof

Membrane: Yes

Security Features

Closed Circuit Camera(s): Yes
Security System: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Underground Utilities: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes
Common Area Maintenance: Yes

Tenant Pays

None: Yes

Current Use

Commercial: Yes
Office: Yes
Retail: Yes

Possible Use

Commercial: Yes
Development: Yes
Investment: Yes
Medical/Dental: Yes
Office: Yes
Retail: Yes

Rail Availability

None: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Listing Agent Must Accompany: Yes
Restricted Hours: Yes

Listing Office: McColly Real Estate

Last Updated: December - 21 - 2024

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